Start-Up Costs and Fees |
||
| Frullati Cafe & Bakery | Krispy Kreme | |
| Investment | 145900 - 446000 | 200500 - 4115000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 1.50% | |
| Year Founded | 1985 | 1937 |
| Year Franchised | 1994 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Frullati Cafe & Bakery | Krispy Kreme | |
| Experience | Industry experience General business experience | *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million. |
Financing Options |
||
| Frullati Cafe & Bakery | Krispy Kreme | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Frullati Cafe & Bakery | Krispy Kreme | |
| Training | *Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week) | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | *New product innovation and unique occasion product offerings *Access to Krispy Kreme University " a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program |
| Marketing | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Frullati Cafe & Bakery | Krispy Kreme | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Franchise Fee | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Royalty Fee | |
| Frullati Cafe & Bakery | 6% |
| Krispy Kreme | 4.50% |
| Advertising Fee | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | 1.50% |
| Year Founded | |
| Frullati Cafe & Bakery | 1985 |
| Krispy Kreme | 1937 |
| Year Franchised | |
| Frullati Cafe & Bakery | 1994 |
| Krispy Kreme | 0 |
| Term Of Agreement | |
| Frullati Cafe & Bakery | 10 years |
| Krispy Kreme | |
| Renewal Fee | |
| Frullati Cafe & Bakery | 75% of then-current fee |
| Krispy Kreme | |
Business Experience Requirements |
|
| Experience | |
| Frullati Cafe & Bakery | Industry experience General business experience |
| Krispy Kreme | *Passionate about the Krispy Kreme brand and products *Proven track record of running a successful multi-unit restaurant business *Highly committed to providing great customer service *Financial resources to fund a multi-unit store development plan including a minimum $1 million in liquid assets and a minimum net worth of $2 million. |
Financing Options |
|
| Franchise Fees | |
| Frullati Cafe & Bakery | No |
| Krispy Kreme | No |
| Start-up Costs | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Equipment | |
| Frullati Cafe & Bakery} | |
| Krispy Kreme | |
| Inventory | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Receivables | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Payroll | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
Training & Support |
|
| Training | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | *Initial Production Training (three to four weeks) *Processing Standards (one to two weeks) *Shift Management Training (four to five weeks) *Equipment Maintenance (1 week) |
| Support | |
| Frullati Cafe & Bakery | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Krispy Kreme | *New product innovation and unique occasion product offerings *Access to Krispy Kreme University " a six month, all-inclusive training for Operations Directors, General Managers and Assistant General Managers *Grand opening support *Ongoing restaurant franchise operations support for the term of the franchise agreement *In-store training for hourly staff *Real estate and site selection support *Conceptual drawings *Project management and construction support *Access to area development agreements *Ability to impact communities with a unique and robust fundraising program |
| Marketing | |
| Frullati Cafe & Bakery | Building sales takes effort on many different levels - from running your business with monitored food costs, to strong operations, to local store marketing, to most importantly ensuring that you give every customer a reason to return. The Frullati Cafe Marketing Team will assist you by creating national marketing initiatives and advertising that are key to building sales. Increasing sales takes diligent effort in all areas of your business. Co-op advertising, Ad slicks, Regional advertising |
| Krispy Kreme | |
| Operations | |
| Frullati Cafe & Bakery | Franchisees required to buy multiple units/master licenses; 35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Krispy Kreme | |
Expansion Plans |
|
| US Expansion | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| Canada Expansion | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |
| International Expansion | |
| Frullati Cafe & Bakery | |
| Krispy Kreme | |